MUMBAI Nov 22 Shares of Hindustan Copper fell as much as 6.4 percent after the government said it would sell a 4 percent stake in India's third-largest copper producer on Friday.
Hindustan Copper shares were down 1.4 percent at 235.90 rupees as of 0352 GMT in volatile trading. (Reporting by Rafael Nam; Editing by Subhranshu Sahu)
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Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article